Market
My sisters want to hide $170,000 of our mother’s money from Medicaid by adding their names to her bank account. What should I do?
“The probate attorney says I could ask the court to remove sister No. 3 as co-executor, since she has acted unethically and illegally.” Source link
CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would
Is the stock market open on Columbus Day? Are banks and post offices closed?
Monday is both Columbus Day and Indigenous Peoples’ Day, and many services will be closed or running with modified hours Source link
Boeing to lay off thousands of employees, warns of quarterly loss and dwindling sales
Boeing surprised markets late Friday with news that it plans to cut about 10% of its workforce, and warned investors that it is looking at
Boeing on the hook for $1 billion a month because of strike, as S&P frets anew
Boeing’s credit ratings at heightened risk of downgrade to junk as strike puts company’s recovery “at risk,” S&P says. Source link
‘I’m scared to death’: My wife asked for a divorce after 21 years. She wants to buy a house with our savings, but promises to help pay my mortgage.
“There is more than enough money in the savings to completely pay off the current mortgage.” Source link
Bank of America customers report outage, with some seeing $0 balances in their accounts
An outage at Bank of America left some of the bank’s customers unable to access their accounts on Wednesday, while others saw what they said
‘I’m overwhelmed’: I inherited $185,000. With the Fed lowering rates, should I park it in 5% CDs or high-yield savings accounts?
“My brother got a better interest rate because he acted fast, and here I am twiddling my thumbs, overwhelmed with banks.” Source link
Alphabet’s stock has never been this cheap relative to Meta’s. How to play that.
A Bernstein analyst says it’s still “difficult to defend” pitching Alphabet shares with conviction given various regulatory and competitive risks. Source link
Why S&P 500 rising to 6,000 is ‘hardly a stretch’ as stocks clinch new record
The U.S. stock market appears to have “earnings momentum” over the next year, with an S&P 500 price target of 6,000 in 2024 not much